Redwood Services, LLC

Based in the US, Redwood Services, LLC offers operational enhancement for elite home service companies, including HVAC, plumbing, and electrical sectors, focusing on strategic partnerships and tailored resources to foster growth and efficiency. Founded in 2020 in Memphis, US, Redwood Services, LLC specializes in enhancing home service companies' operations. The company has completed three deals, with the most recent deal occurring on May 8, 2025. Richard Lewis serves as both the CEO and founder, with a background that informs the company’s strategic direction.

Redwood Services primarily focuses on enhancing the operational capabilities of elite home services companies in the U. S. , particularly in the HVAC, plumbing, and electrical sectors. Their core offering involves strategic partnerships with these contractors, providing extensive resources, coaching, and investment opportunities designed to foster growth and operational excellence.

The company's approach includes a disciplined yet flexible investment model, tailored to meet the specific needs of their partner companies, which are primarily engaged in 100% residential service work, excluding new construction. Their client base comprises elite home service operators across various U. S. markets, with an emphasis on collaborative growth through shared best practices and innovative solutions.

Redwood emphasizes a culture that supports accountability and proactive engagement, ensuring that their partners maximize operational efficiency and market competitiveness. Redwood Services operates on a model that involves direct partnerships with HVAC and plumbing companies, where revenue is generated through strategic investments and tailored deal structures. The transactions typically involve long-term partnerships that incorporate performance-based incentives for management, allowing partner companies to retain equity while benefiting from Redwood’s expansive resources and expertise. The company’s revenue structure facilitates a mix of B2B collaborations and direct engagements with service providers, focusing on maximizing profitability through a disciplined revenue mix.

Specific pricing plans and financial arrangements are structured to align with the unique operational needs of each partner, facilitating growth while allowing for shared success and accountability among stakeholders. This approach not only helps sustain the operational integrity of partner companies but also drives overall revenue enhancement across the Redwood network. In May 2025, Altas Partners agreed to acquire a majority stake in Redwood Services, LLC from Union Main, with financial terms undisclosed. This acquisition will strengthen the company's infrastructure and expand its partnerships.

As part of its growth strategy, Redwood plans to launch new products designed to further enhance operational efficiency for its partners. The company is also targeting expansion into additional U. S. markets, aiming to establish a stronger presence by the end of 2026.